Research Article

On Modeling the Earthquake Insurance Data via a New Member of the T-X Family

Table 1

Simulation results for the Z-Weibull distribution.

Set 1: , , and
ParametersMLEsMSEsBias

251.11500.19370.2150
1.24903.68720.9490
2.04314.71840.8431

501.04560.15260.1456
0.95362.46140.6536
1.92824.39330.7281

1000.99700.07830.0970
0.72771.37410.4277
1.67222.36420.4722

2000.96050.04720.0605
0.54780.68780.2478
1.46911.14740.2691

4000.92810.01630.0281
0.37690.09010.0769
1.31150.43360.1115

6000.91930.00850.0193
0.34710.03830.0471
1.24240.18120.0424

8000.91280.00670.0128
0.33130.02790.0313
1.24050.13180.0405

10000.90060.00420.0076
0.31840.01190.0184
1.21600.09280.0360